CASTLECAP INVESTMENTS MANAGEMENT LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09126097 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2019

FOR

CASTLECAP INVESTMENTS MANAGEMENT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P C K Rooke

REGISTERED OFFICE:

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

REGISTERED NUMBER:

09126097 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Tangible assets

4

68,811

79,200

CURRENT ASSETS

Debtors

620,543

657,657

Cash at bank

16,191

52

636,734

657,709

CREDITORS

Amounts falling due within one year

288,432

519,213

NET CURRENT ASSETS

348,302

138,496

TOTAL ASSETS LESS CURRENT LIABILITIES

417,113

217,696

PROVISIONS FOR LIABILITIES

13,074

15,048

NET ASSETS

404,039

202,648

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

404,038

202,647

SHAREHOLDERS' FUNDS

404,039

202,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2020 and were signed by:

P C K Rooke - Director

1.	STATUTORY INFORMATION

CASTLECAP INVESTMENTS MANAGEMENT LIMITED is a private company, limited by shares ,

registered in England and Wales. The company's registered number and registered office address

can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A

"Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in

the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been

prepared under the historical cost convention, and are in sterling (£), which is the functional currency

of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that

the company has adequate resources to continue in operational existence for the foreseeable future.

The directors therefore adopt the going concern basis of accounting in preparing the financial

statements.

Turnover

Turnover represents the amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other

other taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

Straight line over 3 years

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to

determine whether there is any indication of their values being impaired. Any impairment losses are

then treated as an expense during the period.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2018 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2018

140,799

Additions

8,652

At 31 August 2019

149,451

DEPRECIATION

At 1 September 2018

61,599

Charge for year

19,041

At 31 August 2019

80,640

NET BOOK VALUE

At 31 August 2019

68,811

At 31 August 2018

79,200

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.19

31.8.18

value:

£

£

1

Ordinary

£1

1

1

6.	RELATED PARTY DISCLOSURES

The company is wholly owned by the director, P C K Rooke.

Castlecap Developments Limited is a company under common control. At the balance sheet date the

company had advanced £141,056 to Castlecap Developments Limited (2018: £191,011) which is

disclosed under note 8.

Castlecap Investments (WWP) Limited is a company under common control. At the balance sheet

date the company had advanced £36 to Castlecap Investments (WWP) Limited (2018: £30) which is

disclosed under note 8.

Castlecap Residential One Limited is a company under common control. At the balance sheet date

the company had been advanced £5,152 from Castlecap Residential One Limited (2018: Advanced to

Castlecap residential One Limited £348) which is disclosed under note 9. (2018: note 8)

Castlecap Investments Limited is a company under common control. At the balance sheet date

Castlecap Investments Limited had advanced the company £48,483 (2018: £151,282) which is

disclosed under note 9.

Castlecap Investments One Limited is a company under common control. At the balance sheet date

Castlecap Investments One Limited had advanced the company £4,537 (2018: £4,537) which is

disclosed under note 9.

Castlecap Investments Three Limited is a company under common control. At the balance sheet date

Castlecap Investments Three Limited had advanced the company £8,000 (2018: £8,000) which is

disclosed under note 9.

Castlecap Investments Four Limited is a company under common control. At the balance sheet date

Castlecap Investments Four Limited had advanced the company £2,500 (2018: £2,500) which is

disclosed under note 9.

Castlecap Investments Five Limited is a company under common control. At the balance sheet date

Castlecap Investments Five Limited had advanced the company £23,400 (2018: £22,000) which is

disclosed under note 9.

Castlecap Facilities Management Limited is a company under common control. At the balance sheet

date Castlecap Facilities Management Limited had advanced the company £18,636 (2018: £31,893)

which is disclosed under note 9.